Retirement plan

JON MICHAEL CHRISTENSEN 401K PLAN

Name: JON MICHAEL CHRISTENSEN 401K PLAN - JON MICHAEL CHRISTENSEN 401K PLAN (2024) Form 5500
Creator: JON MICHAEL CHRISTENSEN 401K PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JON MICHAEL CHRISTENSEN 401K PLAN, JON MICHAEL CHRISTENSEN 401K PLAN

JON MICHAEL CHRISTENSEN 401K PLANEIN 11-3619944Plan #001PY 2024

7 KERRIE CT - SOUTHAMPTON, NY 11968631-831-7580

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$297K

+19.7% from 2023

Total participants

0.0% from 2023

Average account balance

$148,367

+19.7% from 2023

Annual return

13.60%

-4.88 pp from 2023

Benchmarks

See 19,441 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort19,441 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$297K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$148K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.60%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$227

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$454

$227 / participant

Other / not subdivided$454100.0%

% of EOY assets

0.153%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$148,367

$99,995+48.4%

$85,063+74.4%

$145,978+1.6%

Participation rate

100.0%

74.1%+25.9pp

67.5%+32.5pp

80.3%+19.7pp

Annual return

13.60%

83.99%-70.4pp

66.54%-52.9pp

550.52%-536.9pp

Employer contribution / active EE

$1,300

$3,231-59.8%

$2,727-52.3%

$4,662-72.1%

Participant deferral / active EE

$6,290

$5,295+18.8%

$4,523+39.1%

$6,690-6.0%

Admin fee / account holder

$227

$7,255-96.9%

$6,155-96.3%

$13,400-98.3%

JON MICHAEL CHRISTENSEN 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JON MICHAEL CHRISTENSEN 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion